I am constantly inspired by the ingenuity of the business community. As more than 20 million Americans find themselves out of work, employers are going through a similar level of angst. One company needs to lay off or furlough thousands of restaurant, retail, or airline workers, while another needs to hire thousands of people ... Read more»
Category: Business Trends
One of the biggest surprises of the pandemic is how “brittle” our society has become. A single tiny virus has managed to upset our lives, our economies, and our society. Not only are we worried about our personal health, but our financial system is threatened and we are arguing about state vs. federal, voting practices, ... Read more»
One of the most fascinating and controversial issues in the COVID-19 crisis is the balance between global and local control. And this brings the world of business performance and politics into conflict.
Thomas Piketty the famous economist has shown us that the economy was becoming “more local” over the last decade, and now politicians are ... Read more»
Let’s face it, we’re in a new world. As I described in The Big Reset, remote work is now an integral part of life. Today more than half of Americans are working at home, and studies show that as many as 40 million people will make “work at home” a regular part of their ... Read more»
We are living in one of the most disruptive times in the last decade. This week we saw more than 6 million people file for unemployment (bringing the total to some 10 million), yet a handful of companies are hiring as fast as possible. Through a partnership with Emsi, a leader in labor market ... Read more»
This week we had a webcast with more than 2,000 participants and spent 90 minutes listening to seven of the world’s leading HR executives. The executives were:
- Diane Gherson, CHRO of IBM
- Eric Hutcherson, CHRO of the NBA
- Tripti Jha, Global Head of People Solutions, Novartis
- Bryan Power, Head of People,
The #1 question on everyone’s mind is “what’s happening now?” Today we are launching an important initiative with MIT and Sloan Management Review to give you real-time updates on “what companies are doing” to respond to COVID-19.
This fast, open-ended survey will let you desribe “what’s going on now” in your company, HR department, and ... Read more»
I’ve been flooded with calls from HR leaders wanting to talk about what they should do to respond to the Crisis. And today the country of India announced a national lockdown, sending 1.3 billion Indian residents (many who work for US companies) home. This is almost 1/5 of the world.
The implications of this ... Read more»
How fast life can change. One day, it feels normal. The next day we’re “sheltering in place” in our homes…distancing ourselves from neighbors when we go for a walk.
It’s a paradoxical time. In the middle of fear, economic crisis, and social distancing there is a growing sense of closeness. The virus doesn’t discriminate, it ... Read more»
As we’ve all been in shock at the last week of events (nearly every event, meeting, and conference is now canceled), I’m trying to make some sense of this.
The big message I think we’re learning is that whatever happens, the right response is People First, Business Second.
I’m not an alarmist, but we ... Read more»
A LETTER FROM F. SCOTT FITZGERALD, QUARANTINED IN 1920 IN THE SOUTH OF FRANCE DURING THE SPANISH INFLUENZA OUTBREAK.
(from a good friend)
It was a limpid dreary day, hung as in a basket from a single dull star. I thank you for your letter. Outside, I perceive what may be a collection ... Read more»
I travel a lot for work. Last year I think I flew almost 300,000 miles, and while it takes a toll on my sleep, it’s energizing, educational, and lets me go out and serve my clients.
And as I travel I’ve always been amazed by how many people I see in airports. Almost all the ... Read more»
We just completed a two-day strategy meeting with Reliance Industries, one of the largest and most profitable companies in India.
The company runs the world’s largest oil refinery, operates the fastest-growing retail network (groceries, clothing, and electronics), and has launched the world’s biggest 4G VoLTE network Jio.
It’s a fascinating company that innovates, executes, ... Read more»